Transaction · Identity / Fraud · 2025

Nexa Cards / OX Agency 2025

Nexa Cards acquired OX Agency on December 25, 2025.

Target: OX Agency
Acquirer: Nexa Cards
Announced: December 25, 2025
Sub-sector: Identity / Fraud

Transaction overview

Nexa Cards announced the acquisition of OX Agency on December 25, 2025.

Strategic rationale

Integrate AI-driven facial recognition and biometric identity verification to enhance fraud prevention, compliance, and reduce reliance on third-party security providers.

Deal terms & multiples

Deal value: Not disclosed
Target revenue: Not disclosed
Target EBITDA: Not disclosed
EV / Revenue: Not disclosed
EV / EBITDA: Not disclosed
Announcement: December 25, 2025
Acquirer: Nexa Cards (Strategic)
Sub-sector: Identity / Fraud

Sources

manilatimes.net /2025/12/25/tmt-newswire/globenewswire/nexa-cards-enters-acquisition-discussions-with-ox-agency-to-enhance-ai-based-identity-and-security-capabilities/2249484

Comparable transactions in Identity / Fraud

Primary	Event type	Counterparty	Sub-sector	Date
Nueromind Technologies	Transaction	AvenuesAI	Identity / Fraud	August 11, 2026
Permiso Security	Transaction	Okta	Identity / Fraud	July 31, 2026
Loam	Transaction	Self Labs	Identity / Fraud	April 13, 2026
IDVerse	Transaction	LexisNexis Risk Solutions	Identity / Fraud	December 10, 2024
Modirum	Transaction	Entersekt	Identity / Fraud	December 1, 2023
Sintex Corporate House	Transaction	Infibeam Projects Management Pvt Ltd	Identity / Fraud	November 2, 2023